Tariff value amendment for brass scrap updates the customs valuation schedule, replacing the tariff table under Customs Act powers. The notification exercises powers under section 14(2) of the Customs Act, 1962 to substitute the Table in Notification No. 36/2001-Cus (N. T.), thereby updating tariff values in US$ per metric tonne for listed goods and prescribing a tariff value for Brass Scrap (all grades) within the consolidated valuation schedule.
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Tariff value amendment for brass scrap updates the customs valuation schedule, replacing the tariff table under Customs Act powers.
The notification exercises powers under section 14(2) of the Customs Act, 1962 to substitute the Table in Notification No. 36/2001-Cus (N. T.), thereby updating tariff values in US$ per metric tonne for listed goods and prescribing a tariff value for Brass Scrap (all grades) within the consolidated valuation schedule.
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